MO (Altria Group) PB Ratio: (As of Jun. 30, 2026)


MO Altria Group Inc MO
74 GF Score
Price $74.05
GF Value $54.64
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Altria Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-30), Altria Group's share price is $74.05. Altria Group's Book Value per Share for the quarter that ended in Mar. 2026 was $-1.92. Hence, Altria Group's PB Ratio of today is .

The historical rank and industry rank for Altria Group's PB Ratio or its related term are showing as below:

During the past 13 years, Altria Group's highest PB Ratio was 44.88. The lowest was 5.18. And the median was 11.01.

MO's PB Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 2.57
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altria Group was 75.10% per year. The lowest was -56.90% per year. And the median was 6.05% per year.

Back to Basics: PB Ratio


Altria Group  (NYSE:MO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Altria Group PB Ratio Related Terms


Altria Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Altria Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Altria Group PB Ratio Chart

Altria Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Altria Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MO vs TPB, UVV, AIIR: PB Ratio Comparison

For the Tobacco subindustry, Altria Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altria Group PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Altria Group's PB Ratio falls into.


MO
74GF Score
Altria Group Inc MO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Altria Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Altria Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=74.05/-1.922
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Is Altria Group (MO) Overvalued in 2026?

Based on GuruFocus' analysis, Altria Group stock appears to be overvalued. The current stock price of $74.05 is trading 35.5% above its estimated GF Value™ of $54.64. GuruFocus considers Altria Group to be Significantly Overvalued.

Key valuation signals for MO:

  • PB Ratio:
  • GF Value™: $54.64 vs. price of $74.05 (35.5% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the MO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altria Group Business Description

Address 6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 40% share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, and a 41% stake in cannabis manufacturer Cronos. In reduced-risk products, it acquired vaping company Njoy Holdings in 2023, operates a joint venture with Japan Tobacco in the heated tobacco category for the US, and sells the On brand in nicotine pouches.
74GF Score

Get the complete analysis for MO

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$74.05
Price
$54.64
GF Value